Nvidia Stock Struggles After Record Market-Cap Loss—What’s Next?

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  Posted by John Deo Jan 30 - Filed in General - #financialmodelingprep  - 18 views
  

  Nvidia (NASDAQ:NVDA) and other semiconductor stocks opened lower on Tuesday, reversing premarket gains as investors remained cautious after Monday’s historic tech sell-off.

  Market Reaction

  • Nvidia: +5% premarket → -0.6% post-opening
  • Broadcom (NASDAQ:AVGO): -0.6%
  • AMD (NASDAQ:AMD): -0.8%
  • Micron (NASDAQ:MU): -1.7%
  • Marvell Technology (NASDAQ:MRVL): Flat

  The S&P 500 fell 0.1%, while the Nasdaq 100 declined 0.3%, reflecting continued investor uncertainty in the tech sector.

  Monday’s Sell-Off Recap

  • Nvidia lost $593 billion in market value, marking the largest one-day market-cap loss in U.S. history.
  • Nasdaq dropped 3.1%, with Nvidia as the biggest drag.
  • Broadcom fell 17.4%, while Microsoft (-2.1%) and Alphabet (-4.2%) also declined.

  The trigger? DeepSeek, a Chinese AI startup, launched a cost-efficient AI assistant that quickly surpassed ChatGPT in downloads on Apple’s App Store. This intensified fears of market disruption in the AI sector.

  Will Nvidia Rebound?

  1. Analyst Price Targets

  • The Price Target Summary API provides insights into Nvidia’s target price trends and potential recovery trajectory.

  2. Market Movers to Watch

  • The Market Biggest Gainers API can help identify stocks that outperform even during volatility.

  Final Thoughts

  With uncertainty surrounding AI dominance, Nvidia’s long-term fundamentals remain key.

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